Broadening Wedge Descending Brings 83% Chance for Price Target

Once price breaks above the pattern there is an 83% chance price target will be met.
Percentage based on a number of successful trades.
There are at least 4 line touches of the upper and lower trendiness of the pattern.
Consensus: Bullish
Percentage based on a number of successful trades.
There are at least 4 line touches of the upper and lower trendiness of the pattern.
Consensus: Bullish
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.